First trade, 200 shares of NET, second trade is also 200 shares, but sold twice each 100 shares.
Second trade high price, more risk of lose, position size should cut 200 shares x 20%.
First trade I waited until 10:26 AM, waited to see MS candlestick pattern, 3 bar reversal bullish pattern
200 shares
Second trade is more risky, the price is higher, so I should practice to change the position size, cut size from 200 to 20 and just test my trading ideas to continuous uptrend.
I never practice to cut size of trade, and it will bring big problems when trade is losing one. Always evaluate the risk and then change size accordingly.
First trade gain is $364 and second trade loss is $201. The net gain is $153 US dollars.
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